Apple's Record First Quarter Results

At the peakof the US corporate earnings reporting season, AppleInc.reported recordrevenue for the 4th quarterof 2014 calendar year(orthe 1st quarter of 2015 fiscalyear, which beganin the USin October 2014).Now Apple Inc.has marketcapitalization ofabout640 billiondollars,which islarger than GDP of such countries as Sweden, Belgium, Finland, Norway, Venezuela, Algeria and many other (they are painted in shades of red on the map). The US and China are as large as 27-28 AAPL's market caps. India is about 11 "Apples". Japan is 7.5 and Germany is 5.7 only.

Since the end of the last recession, profits provide significant contribution to overall US GDP growth. But will this phenomenon remain stable? And how long it may last?

Check the graphs below to see how US corporate profits evolved over time.

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